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DED releases June 2018 jobs report

Missouri nonfarm payroll employment grew by 7,900 jobs in June, on a seasonally adjusted basis.  This followed two months in which there was little reported change in employment. Since March, employment has grown by 9,500 jobs.

Missouri’s smoothed seasonally adjusted unemployment rate edged down a tenth of a point to 3.5 percent in June, the lowest rate since July 2000.

The rate had been 3.6 percent in the previous three months and was 3.7 percent in June 2017.

For comparison, the U.S. seasonally adjusted rate was 4.0 percent in June.  The Missouri rate has been below the national rate for 38 consecutive months.

Missouri’s not-seasonally-adjusted rate was 3.5 percent in June, compared to the U.S. figure of 4.2.

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